Paramount Tells 'Godfather' Estate To Take Book, Leave Profits

Law360, New York (May 11, 2012, 2:09 PM EDT) -- Paramount Pictures Corp. on Friday told a New York federal judge it would allow the estate of "The Godfather" author Mario Puzo to publish a new sequel if it puts profits in escrow while the parties work out a long-running contract and trademark dispute.

Paramount sued the estate in February, seeking to block the novel on the grounds that it infringed the studio's intellectual property. Anthony Puzo, executor of his father's estate, has countered that the contract his father signed with Paramount in 1969 reserved his...
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